Money

Despite early media reports, Equifax can confirm that its systems were not compromised and that the reported issue did not affect our consumer online dispute portal. "On top of that, senior executives sold millions of dollars in stock after the breach but before the company made it public". Independent security analyst Randy Abrams says the site redirected some visitors to download a fraudulent update for Adobe Flash that, when clicked, would infect the user's computer with Malware. Read More

The agreement would mark the first time the Mini would be produced outside of Europe and units could be exported to markets beyond China. Rolls-Royce however, saw a decrease in sales of 10.7 percent to 2,343 units, but it's worth noting the Phantom is missing from the brand's lineup now as the new model is getting ready to roll out starting next year. Read More

Once you click the " start order " button, either an in-app browser brings up the website of your preferred delivery service and prompts you to log in or create an account, or if you're on your browser, it opens up a new tab with the website of the service in question. Read More

According to JLT Re's Hurricane Activity report, as of 8am Greenwich Mean Time (GMT) today (13 October) Ophelia had strengthened to a Cat 2 Hurricane, with peak wind speeds of 104 miles per hour. No coastal watches or warnings are in effect, though forecasters say residents of the eastern Azores should keep an eye on the storm. Hurrican Ophelia is now racing on a northeastern course straight towards Ireland , where it's expected to smash with storm force come Monday morning. Read More

McQueen Ball & Associates Inc. grew its holdings in shares of J P Morgan Chase & Co by 3.7% in the third quarter. Sunbelt Securities Inc. increased its holdings in J P Morgan Chase & Co by 0.5% in the 2nd quarter. On average, 24 analysts polled by Thomson Reuters expected the company to report profit per share of $1.65 for the quarter. Revenues were US$25.3 billion, up three per cent. Read More

However there is some good news, the streaming service's basic package will remain at just $7.99 per month for the time being. "This price increase will likely be a revenue growth catalyst for the company", RBC Capital Markets analyst Mark Mahaney wrote in a client note. Read More

The council reduced tax rates on 27 items of mass consumption, gave relief from filing monthly tax returns to small and medium businesses and nearly exempted exporters from paying tax till March 2018. Certificate of GST payment can then be provided to service-provider in the manner TDS certificates are given in Income Tax Act. The registered buyers from such small taxpayers would be eligible to avail input tax credit on a monthly basis. Read More

More importantly, the board agreed to strip "super-voting" rights of certain investors that held multiple votes per share , and institute a new "one share, one vote" standard for all investors. However, after corporate governance proposals were presented last week , he made a decision to exercise his right to appoint Burns and Thain. The governance proposal, written with the help of Goldman Sachs Group Inc., would shift Uber shareholders to one share, one vote. Read More

Suicide attackers of the Pakistan-based JeM terror group stormed a BSF camp with guns and explosives near the Srinagar airport on Tuesday morning, leading to battles that left all three attackers and a trooper dead. However, IGP Kashmir Munir Khan said security forces were looking for six to seven terrorists."We need to neutralise them very fast", he added. A suspected militant attack killed three people in Tral last month , while an Indian policeman was lynched in Srinagar in June . Read More

Mallya is accused of diverting a large part of the Rs 6,000 crore he borrowed from a State Bank of India-led consortium of banks for his Kingfisher Airlines towards other purposes. It was said that more charges were expected to be added against Mallya by the Westminster Magistrates' Court, where an extradition case is going on at India's request. Read More

Stock prices of Volkswagen fell sharply Friday after a surprise announcement of another $3 billion charge related to the company's massive USA diesel emissions scandal . Analysts estimate that diesel scrappage in Germany could cost Volkswagen up to another EUR1.2 billion . The fix is taking longer and some cars had to be worked on a couple of times. Read More

Roku announced that it had generated revenue of just over $199.6 million during the six-month period ending on June 30. But it also burned more cash than the year before, reporting a net loss of $42.6 million for the year. (NASDAQ: AMZN)'s Fire TV and Apple Inc . Even though CEO Wood isn't anxious about his company's ability to compete, investors will have to decide if Roku's market share and option-oriented platform are enough to set the streaming device maker apart. Read More

With hurricanes Harvey and Irma clouding some economic data - temporarily raising gas prices, likely restraining hiring and potentially depressing growth in the July-September quarter - some analysts assumed the bank wouldn't have enough information by December to assess whether the economy had rebounded from the storms. Read More

Of those analysts, 4 rate stock as a Strong Buy, 11 rate it as Hold, and just no analyst rates it as a Moderate Sell. In general, more thrust is placed on most recent actions by assigning higher weights to it than those assigned to past movements. Read More

Dave Brandon, chairman and CEO of Toys "R" Us , wrote a statement on the company's website saying that the bankruptcy filing signifies the beginning of a new chapter for the company in effectively handling its financial problems. Toys "R" Us hopes to restructure its debt, get a new growth plan and reorganize its stores. "Oh my God, they are very important, and people don't understand", Isaac Larian, founder and chief executive officer of MGA, said of the toy chain. Read More

The rating was maintained by JP Morgan on Wednesday, March 2 with "Overweight". On Monday, June 13 the stock rating was downgraded by Morgan Stanley to "Equal-Weight". The 50 day moving average was up $2.43 or +8.05% and the 200 day average was up $0.89. It has underperformed by 10.18% the S&P500. Investors sentiment decreased to 0 in Q4 2016. Read More

The most comforting news for all potential buyers is that Apple are bringing Amazon Prime Video to Apple TV , enabling users to enjoy Amazon Originals in their glorious 4K format, provided you're subscribed to Amazon Prime of course. The 5th-gen lower-tier Apple TV model should be priced at $99, but it won't be. The Apple TV can now be used to control your HomePod device. As expected Apple announced availability of 4K and HDR-enabled iTunes videos. Read More

In a stark reminder of the damage done by the Great Recession and of the modest recovery that followed, the median American household past year finally earned more than it did in 1999. Nevertheless, the Census data indicates that the most recent income gains have pushed household income close to where it stood in 2007. The income gains reflect mostly a rise in the number of Americans with jobs and in people working full time, the agency said. Read More

Almost 3,000 people were killed in 2001 when hijackers flew commercial airplanes into New York's World Trade Center , the Pentagon and a field near Shanksville, Pennsylvania. At 9:03 a.m. a plane crashed into the second tower of the World Trade Center. Following are some of the tributes posted on social media by people, including celebrities and politicians, using the hashtag "Never Forget" and "September 11". Read More

China plans to ban trading of bitcoin and other virtual currencies on domestic exchanges, after banning initial coin offerings last week ( See: China bans ICOs in crackdown on cryptocurrency ). Given that the Chinese government and its financial regulators had not released any abrupt regulations on bitcoin, Ethereum and the cryptocurrency market in general, bitcoin price was on an ideal trajectory towards achieving the interim targets of various prominent financial analysts ... Read More

On the defensive as well the Steelers were better allowing 342 yards per game as compared to the Browns' 392 yards. The Browns cut Haden back on August 30, only to see him sign with the AFC North division-rival Pittsburgh Steelers nearly immediately. Read More

As a result of the quake, the Pacific Tsunami Warning Center warned of tsunami waves more than 10 feet high hitting some coasts of Mexico . An quake of 8.1 magnitude caused extensive damage in southern Mexico Thursday evening. Japan's weather agency has said quake-induced tsunamis may cause slight sea-level changes on Japan's Pacific coast early Saturday, with no damaging waves expected. Read More

Would you want to be on this plane? As Hurricane Irma barreled through the Caribbean , devastating islands and knocking out power to thousands, a lone Delta flight raced to land in Puerto Rico - and take off again - before the storm hit. Read More

The new minister said his predecessor was his mentor with whom he had worked on earlier occasions. Prime Minister Narendra Modi has revamp his cabinet. Later, Goyal held a meeting with the Railway Board Members. "For this, the country will be indebted to him, the ministry is indebted to him. My colleagues and I will continue to run on those tracks", Goyal said. Read More

After receiving approval from the emperor, the princess has formally announced her engagement to a commoner, and, in doing so, has signaled the forfeiture of her royal status. But due to the unfortunate torrential rain that flooded northern Kyushu that month, the royal family chose to postpone the announcement. Like all female imperial family members, Mako, who is Emperor Akihito's eldest granddaughter, forfeits her status upon marriage to a commoner under a controversial tradition. Read More

Sinn Fein was responding to DUP leader Arlene Foster's appeal late Thursday to rejoin the devolved government while the two sides continue negotiations "in parallel" to resolve long-term differences. "We have no red lines". Addressing her party executive for the first time since the General Election, she dismissed claims that the DUP did not want a return to devolution because of "the unprecedented position" it now finds itself in Westminster. Read More

The news was announced as the royal couple were preparing to send their eldest child, Prince George , off to school for the first time. "The Queen and members of both families are delighted with the news", the palace said. It was not immediately clear when the baby is due although betting agencies were beginning to offer odds on possible names for the soon-to-be-born child in the House of Windsor. Read More

High temperatures today will be 105 to 110 in Riverside and Lake Elsinore, 92 to 99 in the mountains, 109 to 114 in the San Gorgonio Pass and 109 to 114 in the Coachella Valley. Because of the blazes, air quality has been rated unhealthy across the region. The National Weather Service in Portland noted that if the current forecast verifies it will be the hottest Labor Day weekend on record there. Read More

Peel Hunt maintained Playtech PLC (LON:PTEC) rating on Thursday, February 25. The stock has "Buy" rating by Piper Jaffray on Wednesday, June 28. Numis Securities maintained Whitbread plc (LON:WTB) on Monday, January 30 with "Hold" rating. It has underperformed by 16.70% the S&P500. The Firm is a multichannel retailer. The company has market cap of 9.25 billion GBP. The Firm is engaged in variety retailing in the United Kingdom and Germany. Read More

The bomb was found during work Tuesday close to the Goethe University Frankfurt compound, police said in a statement. As well as residents, more than 100 hospital patients from Frankfurt and Koblenz, including premature infants and those in intensive care, have also had to be moved to safety. Read More

Higher gasoline prices could affect consumer spending nationally, but the impact "should be small and temporary as production and refining come back on line", according to Ryan Sweet of Moody's Analytics. The U.S. Department of the Interior's Bureau of Safety and Environmental Enforcement said that about 13.5 percent of oil production in the Gulf of Mexico was shut in on Thursday due to the storm. Read More

Fifty eight counties are under Texas disaster declaration. The affected refineries imported about 1.6 million barrels of oil a day past year, including 410,000 from Mexico, 380,000 from Saudi Arabia and 340,000 from Venezuela, according to data from the Energy Information Administration. Read More

Canadian suppliers trying to re-up are having to buy gas nine to 14 cents more expensive than previous. Maybe with all the money you're not paying at the pump, you can afford to provide a financial helping hand. It is not clear how much damage these refineries sustained or how soon they will reopen. He said the worst thing you can do is try to come buy gas when you don't need it. Read More

Over the past 12 months, average hourly earnings have risen by 2.5 percent, the same growth as in July. August's numbers fall slightly short of previous months, and came in below economists' predictions that the economy would add roughly 180,000 jobs. Read More

Weather

Recent Posts

Even though rates are very low and will remain so for the foreseeable future, they can still move down if there is an economic shock to the system. But it will still leave savers who have suffered... Read More

Apple's final push to the $1 trillion mark came on the back of Tuesday night's fiscal-third-quarter earnings report - one that encouraged Wall Street's pros and individual investors alike by most mea... Read More

Tesla is focusing on increasing production of its affordable Model 3 electric auto . Tesla is planning to increase Model 3 production to 6,000 per week for the next few quarters and then reach ... Read More

The measures came less than a week after President Trump promised to "impose large sanctions " on Turkey if Brunson was not immediately freed and allowed to come home, and Vice President Pence w... Read More

Apple moved 41.3 million iPhones in its third quarter, which was less than the 41.79 million Wall Street was expecting - but blew past the predicted $693.59 average selling price for a smartphone... Read More

During the visit Europe pledged to buy billions of exports from the U.S. for a stay of execution on vehicle tariffs. It already has duty-free access to the European Union market for soyabeans, wi... Read More

The company said subscription revenue increased 57 percent to US$3.4 billion. Amazon , however, was the exception. Amazon .com on Thursday reported a second-quarter profit of US$2.5 billion, m... Read More

Twitter's user woes are similar to those of Facebook Inc., which also has been plagued by manipulation, robot accounts and unrest about the growing influence of social media in the culture. Twitter ... Read More

Sales in the second quarter grew 42 per cent, its slowest pace in almost three years, to US$13.2 billion compared with US$9.3 billion a year ago. Trillium's proposal, if greenlit by investors inclu... Read More

The two leaders plan to discuss USA tariffs on aluminum and steel that Trump imposed in May as well as Trump's threat to extend duties on European vehicle imports. He says past leaders allowed the U... Read More